When times were good, underwriting commercial mortgage-backed securities was a bonanza for Wall Street.

在光景好的时候﹐承销商业抵押贷款支持证券对华尔街投行来说可谓好买卖。

youdao

Current economic pressures have led to wide-scale devaluations of assets such as commercial mortgage-backed securities.

当前的经济压力已经致使类似商业住房抵押贷款证券这类金融资产大幅贬值。

youdao

At the same time, due to capital constraints, many traditional lenders have retreated from commercial mortgage financing, even for highly credit-worthy properties.

同时，由于资本的约束，很多传统的借贷者已经从商业房贷中退出，目的是为了获得更高的信用。

youdao

But since last year there has been little activity in the seven hundred fifty billion dollar market for commercial mortgage securities.

VOA: special.2009.09.04

The insurer covered billions of dollars in risky derivatives on commercial mortgage-backed securities that also went bad.

FORBES: MBIA, BofA In A Billion-Dollar Game of Chicken

The commercial mortgage business is also a good business, but without a constant influx of capital, its growth is limited.

FORBES: Magazine Article

This reticence may illustrate why commercial mortgage bankers are reducing retail properties as a percentage of newly issued securitized mortgages.

WSJ: Bond Investors Strip Malls Off Shopping Lists